As PDVSA was running out of an obscure product needed to keep exports flowing in the wake of U.S. sanctions, Russia is coming to the rescue.
Source: OffshoreMaduro Gets Oil Lifeline From Russia
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Oil gave up some of its gains above $56 a barrel on renewed concerns the U.S.-China trade war will hurt economic growth and the prospect of output recovering from unexpected disruptions in some OPEC members.
Source: OffshoreOil Trims Gain
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Israel is sweetening the terms of its new gas exploration tender in order to entice major energy firms to finally drill off the nation’s Mediterranean coast.
Source: OffshoreIsrael Woos Energy Majors
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